18320 N HIGHWAY 101, Rockaway Beach, OR 97136

$1,699,900
2,686
SqFt

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List Price
$1,699,900
Price Change
▼ $250,100 1768434279
Days on Market
457
MLS#
347369482
Property Type
Multifamily
Sqft. of Residence
2,686
Lot Size
1 to 2.99 Acres
Region
Tillamook County
Status
ACTIVE

Property Description

A unique opportunity to own a profitable duplex nestled on nearly an acre of oceanfront property plus an additional lot! This vintage gem is tucked away on a semi-private dead-end street off HWY 101 with a charming bridge on the property that leads over a stream through lush greens to an incredibly private part of Rockaway Beach! The lot next door is included in the sale. Two separate tax lots, both zoned CR2 $1,699,900 for the sale of both: one duplex TAX ID 60070 on 0.81 acres and one neighboring vacant lot TAX ID 59901 on an additional 0.79 acres. DUPLEX: One time transferrable STR. 2024 STATS: rental revenue = $124,402 / 173 nights booked / 47% occupancy rate / $600 average daily rate / $2,568 average revenue per stay. Opportunity AWAITS!

Additional Information

Tax Amount
$9,073
Year Built
1978
High School
Neah-Kah-Nie
Elementary School
Garibaldi
Middle School
Neah-Kah-Nie
Garage Spaces
2
Acres
1.60
Living Area
2,686
Stories
2
Subdivision
ROCKAWAY BEACH
Lot Size Dimension
0.81 + 0.79
Terms
Cash, Conventional, FHA
Fuel Description
Electricity
Heating Description
Forced Air
Hoa Rent Includes
Electricity, Heat, Maintenance Grounds, Sewer, Trash Collection, Water
Hot Water Description
Electricity
Exterior Description
T-111 Siding
Roof Type
Composition
Sewer Description
Public Sewer
Waterfront Description
Ocean Front
View
Ocean
Parking
Driveway
Waterfront
Yes
Parking Description
Driveway
Road Surface
Gravel
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
5350
Unit Type One Sq Ft
1343
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
3
Unit Type Two Units Total
1

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Harnish Company Realtors.

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